Question 1

How many Furniture Medic franchise locations are there?

Accepted Answer

Furniture Medic currently has 100 total units, including 99 franchised locations and 1 company-owned locations.

Question 2

Is the Furniture Medic franchise system growing or shrinking?

Accepted Answer

Furniture Medic has experienced negative net growth of -21.3% over the past year, with a 3-year compound annual growth rate (CAGR) of -22.2%.

Question 3

What is the franchise vs. company-owned ratio for Furniture Medic?

Accepted Answer

Furniture Medic has a franchise ratio of 99%, meaning 99% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Furniture Medic franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Furniture Medic had 0 units opened and 28 units closed.